Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: philv who wrote (21314)	7/4/2004 2:08:41 PM
From: sea_urchin	of 81703

Phil > Outsource or Die: I wish they would outsource a bit to South Africa but that's another story. > foreigners are holding more and more U.S. assets And Treasuries are still going up in price -- so they haven't been a bad investment. (Yes, I know, they can't go up forever!) stockcharts.com[w,a]dalaynay[dj][pd200,2][ilb14!la12,26,9] Meanwhile, those who bought Treasuries are doing OK. > Are these foreign US investments simply keeping up to the creation of U.S. dollars/debt? No-one is holding a gun to the foreigners' heads to force them to buy the debt. If it didn't suit them to buy it, they wouldn't. > I suspect this will simply go on and on until somebody really big blows the whistle. I wonder what whistle you have in mind? Time-up for the end of the world?! > This is an old theme of interest to gold bugs who think debt actually matters I don't think the goldbugs are concerned about the debt, it's only that the Goldbug Messiahs keep preaching about it so the bugs think it must somehow be important. For all the good the preaching does, the GB Messiahs may as well be screaming about Global Warming or the Population Explosion. It's just the same as Bush & Co keep preaching about "terrorists". Or the minister in the church keeps preaching about the Devil. In my opinion, all of it is just a marketing ploy for the sermons. And that's what the people pay for. Meanwhile, the GB Messiahs are not going to do anything about the debt, Bush is not going to do anything about the terrorists (maybe make some more) and the minister is not going to do anything about the devil.

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